CHICAGO, April 14 /PRNewswire/ -- PC Quote, Inc. (Amex: PQT) today
announced a strategic partnership between its newly incorporated subsidiary,
PCQuote.com and CNNfn the financial network. Under a limited exclusive
licensing agreement, PCQuote.com will provide CNNfn's award-winning original
financial news to users of its popular financial content website,
http://www.pcquote.com. PCQuote.com users will have access to continuously updated
business stories from CNNfn, with direct links back to the full range of
financial information and services offered on the CNNfn.com site.
"We are pleased to partner with such a prestigious brand as CNNfn.com,"
said Jim R. Porter, Chairman and CEO, PC Quote. "We believe the combination
of CNNfn.com's premier news with our high-end HyperFeed 2000 financial market
data and analytics will provide an increasingly valuable resource for the
growing millions of active Internet investors."
Over the term of the agreement, CNNfn will acquire a minority equity
position in PCQuote.com. "This partnership underscores the incredible value
of our original financial news reporting and our growing stake in some of the
Web's most dynamic and fastest-growing companies," said Lou Dobbs, President
of CNNfn. "We're proud to add PCQuote.com to CNNfn's distinguished portfolio
of Web partners."
About PC Quote
PC Quote is a premier provider of real-time financial market data to
professional and consumer markets worldwide via broadcast and Internet. The
company's proprietary datafeed, HyperFeed(TM) 2000, is known as the fastest,
most complete datafeed available and is the only datafeed able to consistently
deliver full options chains in true real-time.
Incorporating IP Multicast technology and proprietary advanced compression
techniques, HyperFeed(TM) 2000 offers recipients unparalleled speed and has
the capacity to handle rapidly growing volumes of market data.
Professional and individual investors use the firm's dynamic software
applications to view, analyze and manipulate HyperFeed(TM) 2000's robust
market data. PC Quote also offers user-friendly web-based authoring and
software development tools for easy integration of HyperFeed(TM) 2000 data
into a variety of web and software applications.
About PCQuote.com
PCQuote.com is a leading Internet -- based provider of premium real-time
financial data and analytical tools aimed at empowering the online investor.
In addition to the company's http://www.pcquote.com and marketsmart-real.pcquote.com
websites, the company offers a variety of free and subscription based
financial services.
About CNNfn
CNNfn.com, which averages more than 1 billion page views a year, is the
Internet's leading source for business news, financial intelligence and free
business services. CNNfn.com is the companion to CNNfn, the first network to
launch on television and the Web. The CNNfn.com web site offers users
breaking business, financial and market news, and in-depth analysis of the US
and global economies, the technology industry and companies in the news. In
addition, CNNfn.com's extensive financial intelligence and personal finance
tools provide access to investment reports, portfolio management, industry
research and company profiles that make it the most complete business
information resource available on the Web.
SOURCE PC Quote, Inc.
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Related links:
http://www.pcquote.com
CONTACT:
Jim R. Porter, Chairman and CEO,
312-913-2800, or Lorelei M. Lenzen, Manager, Marketing
Communications, 312-913-3517, both of PC Quote, or General
Inquiries, William Murphy, 312-640-6764, or John Kroen,
312-640-6763, both of The Financial Relations Board
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